Covington is advising Indivior, formerly RB Pharmaceuticals, in the demerger transaction announced today from Reckitt Benckiser, a global consumer products company. The demerger is subject to the approval of RB shareholders. More >>
Tags: Covington & Burling LLP | London
Cahill represented Wells Fargo Securities, Citigroup, Deutsche Bank Securities, Scotiabank, HSBC, and SunTrust Robinson Humphrey as joint book-running managers and the co-managers in connection with the Rule 144A offering of $900,000,000 Senior Notes, comprised of $500,000,000 aggregate principal amount of 4.125% Senior Notes due 2020, and $400,000,000 aggregate principal amount of 4.75% Senior Notes due 2024 by Fresenius Medical Care US Finance II, Inc. Proceeds from the offering were used to refinance existing indebtedness and for general corporate purposes.
Tags: Cahill Gordon & Reindel LLP | London | New YorkSetterwalls has advised WSP Global Inc in connection with its USD 1.31 billion acquisition of all of the issued and outstanding capital stock of the entities comprising the business of Parsons Brinckerhoff Group Inc., the professional services division of Balfour Beatty plc. Setterwalls were Swedish legal advisors to WSP in the transaction.
Setterwalls’ team comprised primarily Kristina Einarsson, Anders Grefberg, Kamilla Burman and Samuel Skybrand.
Tags: London
Wragge Lawrence Graham & Co’s 35-lawyer team was led by the head of private sector healthcare Karima Hudson, Christine Jackson and David Hayward (partners, real estate) and Jon Lent (partner, finance). The team worked alongside international law firm Skadden on the deal. More >>
Tags: Gowling WLG | London
International law firm McDermott Will & Emery, working closely with Stonehage’s in-house counsel, is advising Stonehage on its proposed merger with Fleming Family & Partners to form Stonehage Fleming Family and Partners. The merger of these two firms will form the largest independent multi-family office in Europe, the Middle East & Africa. The combined group will administer more than $43 billion of assets including more than $11 billion of assets under management, and serve over 250 families. More >>
Tags: McDermott Will & Emery LLP | London
Global law firm White & Case LLP has advised Autostrade per l’Italia S.p.A., as issuer, on the Italian and English law aspects of the establishment of its €7 billion Euro Medium Term Note Programme. More >>
Tags: White & Case LLP | London | Milan
Shearman & Sterling represented Jaguar Land Rover Automotive plc (“Jaguar Land Rover”) on its offering of $500 million fixed rate high yield bonds due 2019. Jaguar Land Rover Automotive plc, an indirectly-owned subsidiary of Indian-owned Tata Motors Limited (India), bought luxury carmakers Jaguar Land Rover Limited and Land Rover in 2008. More >>
Tags: Shearman & Sterling LLP | London | Washington
Davis Polk is advising Telecom Italia S.p.A. on the amendment and restatement of the terms of its $960 million sale of its entire controlling interest in Telecom Argentina to Fintech Telecom LLC, an affiliate of Fintech Advisory, Inc. More >>
Tags: Davis Polk & Wardwell LLP | London | New York
Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has advised ING Bank N.V. (“ING”) as sole bookrunner and facility agent for a syndicate of banks on a US$340 million loan facility made available to Euronav NV (“Euronav”).
The facility is comprised of a US$192m term loan facility and a revolving credit facility of up to US$148m. Euronav plans to use the funds to refinance four Suezmax tanker vessels, finance the acquisition of four very large crude carrier tankers from Maersk and for general corporate purposes. The ships financed under the facility are registered on Belgian, Greek and French flags. More >>
Tags: Watson Farley & Williams LLP | London